Trump pairs naval blockade with sweeping new sanctions on Iran
President Donald Trump has combined a reinstated naval blockade of Iranian ports with sweeping new sanctions on Tehran's financial networks,…
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
Brent Crude Oil
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Oil prices post weekly surge as Brent climbs 12% over two weeks on Hormuz impasse
Brent crude settled at $93.93 a barrel on Friday, capping a second straight weekly gain as the U.S. and Iran…
China’s Five-Year Plan Targets Peak Oil While Boosting Gas Storage
China's new five-year energy plan sets 2030 targets for natural gas storage and import capacity while calling for the country…
Goldman Sachs: Iran Oil Blockade, Not Sanctions, Explains Muted Crude Prices
Oil prices barely moved when the US Treasury announced new Iran sanctions on August 20, 2026. Goldman Sachs says a…
Iran claims full control of waters east of Strait of Hormuz as Oman deal odds slide
Iran's navy commander says Tehran now holds complete control over waters east of the Strait of Hormuz and the Gulf…
